Overview

• CEO Puneet Chhatwal said IHCL is pursuing strategic acquisitions to deepen in existing markets and enter select European and Southeast Asian destinations.
• The company will not buy physical assets for the Taj brand and plans to use operating contract arrangements, with limited spend on renovations or branding where required.
• IHCL reaffirmed its Accelerate 2030 goal of surpassing 700 hotels by 2030 as it scales through capital-light models.
• Its portfolio is set to cross 550 properties and 55,000 rooms following definitive agreements to acquire controlling stakes in ANK Hotels and Pride Hospitality.
• IHCL recently signed a distribution agreement with Brij Hospitality, while maintaining primary focus on broader coverage across India and the subcontinent with selective global growth for Taj.